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China has firmly responded to the latest U.S. tariffs by announcing its readiness to engage in a trade war if necessary. Following President Donald Trump’s imposition of additional tariffs on Chinese imports, China swiftly retaliated with tariffs of up to 15% on select U.S. goods, including agricultural products like chicken, wheat, corn, and cotton.These countermeasures are part of China’s
Contrary to earlier inconsistent reports in the media, the Mumbai-Ahmedabad
Bullet Train project has made significant progress, with approximately 360 km
of the corridor advancing to the viaduct level, according to Union Railway
Minister Ashwini Vaishnaw.
This milestone marks substantial development in the project, which aims to
revolutionise transportation between Mumbai
The recent visit of European Commission President Ursula von der Leyen and her fellow commissioners to India marked a significant shift in the EU’s strategic approach, as it seeks to strengthen ties with India in both trade and defence.This move comes at a time when the EU is facing challenges in its transatlantic relationship and is looking to diversify its partnerships. The visit highlighted
Defence Minister Rajnath Singh met with Princess Astrid of Belgium and Defence Minister Theo Francken to discuss potential defence engagements in the Indo-Pacific region.The meeting highlighted the possibility of enhancing maritime domain cooperation between India and Belgium. Both sides also explored ways to bolster defence industrial cooperation, with Rajnath Singh welcoming investments from
The Indian government has elevated the Indian Railway Catering and Tourism Corporation (IRCTC) and the Indian Railway Finance Corporation (IRFC) to Navratna status, marking a significant milestone for these central public sector enterprises (CPSEs).This upgrade brings the total number of Navratna companies in India to 26. IRCTC, which was previously a Miniratna-I company, now becomes the 25th
Security negotiations between India and its Southeast Asian neighbours have stepped up in recent months, observes Philippines-based analyst Don McLain Gill. Flexible in its engagement strategies, India has found a role as an alternative security partner for countries in the region.As uncertainty grows between the United States and China, Southeast Asia is increasingly looking towards India as a
Recently, President Donald Trump established a new Trade and Tariff Reciprocity Policy. In his signed memo, he stated, “It is the policy of the United States to reduce our large and persistent annual trade deficit in goods and to address other unfair and unbalanced aspects of our trade with foreign trading partners.” His memo also […]
Trump’s Trade and Tariff Policy Benefits America’s Nuclear Deterrent was originally published on Global Security Review.
Prime Minister Narendra Modi has highlighted India’s emergence as the "new factory of the world" and a "land of infinite innovations." Addressing a media event, PM Modi emphasised that India is now manufacturing a wide range of products, from semiconductors to aircraft carriers, which has garnered significant global attention.The country’s transformation into a major automobile producer and
India’s leading digital payments company, Paytm, has received a show cause notice from the country’s financial crime-fighting agency, the Enforcement Directorate (ED), for alleged violations of the Foreign Exchange Management Act (FEMA).The notice pertains to irregularities related to the acquisition of two subsidiaries, Little Internet Private Limited and Nearbuy India Private Limited,
India and Japan have renewed their $75 billion bilateral currency swap agreement, known as the Bilateral Swap Arrangement (BSA), to enhance economic stability and deepen financial cooperation between the two nations.The agreement, which became effective on February 28, 2025, allows both countries to exchange their local currencies for US dollars when needed, providing a crucial financial safety